LPL Financial Holdings Inc. (NASDAQ:LPLA) Q4 2022 Results Conference Call February 2, 2023 5:00 PM ET Company Participants Dan Arnold - CEO Matthew Audette - CFO Conference Call Participants Alexander Blostein - Goldman Sachs Steven Chubak - Wolfe Research Devin Ryan - JMP Securities Kyle Voigt - KBW Jeff Schmitt - William Blair Gerry O'Hara - Jefferies Operator Good afternoon, and thank you for joining the Fourth Quarter 2022 Earnings Conference Call for LPL Financial Holdings Inc. Joining the call today a ...

LPL Financial Holdings, Inc. (NASDAQ:LPLA) Q3 2022 Earnings Conference Call October 27, 2022 5:00 PM ET Company Participants Dan Arnold - President & Chief Executive Officer Matthew Audette - Chief Financial Officer Conference Call Participants Steven Chubak - Wolfe Research Alexander Blostein - Goldman Sachs Michael Cyprys - Morgan Stanley Brennan Hawken - UBS Devin Ryan - JMP Securities William Katz - Credit Suisse Kyle Vogt - KBW Operator Good afternoon and thank you for joining the Third Quarter 2022 Ea ...

| --- | --- | --- | --- | |-------|------------------|------------------------------|---------------------------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | LPL FINANCIAL HOLDINGS INC. | | | | | Q3 2022 EARNINGS KEY METRICS | | | | October 27, 2022 | | | | | | | | | | | | | | | | | LPL Financial Member FINRA/SIPC | Notice to Investors: Safe Harbor Statement Statements in this presentation regarding LPL Financial Holdings Inc.'s (together with its subsidiaries, the "Company") fut ...

OR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 LPL Financial Holdings Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Delawar ...

LPL Financial Holdings, Inc. (NASDAQ:LPLA) Q2 2022 Earnings Conference Call August 2, 2022 5:00 PM ET Company Participants Dan Arnold - President & Chief Executive Officer Matt Audette - Chief Financial Officer Conference Call Participants Alex Blostein - Goldman Sachs Steven Chubak - Wolfe Research Michael Cyprys - Morgan Stanley Brennan Hawken - UBS Devin Ryan - JMP Securities Gerald O'Hara - Jefferies Kyle Voigt - KBW Craig Siegenthaler - Bank of America Operator Good afternoon and thank you for joining ...

Financial Performance - Net income for Q1 2022 was $133.7 million, or $1.64 per diluted share, compared to $129.6 million, or $1.59 per diluted share in Q1 2021[31]. - Gross profit for the three months ended March 31, 2022, was $669.0 million, a 15% increase from $579.4 million for the same period in 2021[35]. - Total revenue for the three months ended March 31, 2022, was $2,065.7 million, compared to $1,707.6 million in 2021, reflecting a significant growth[40]. - Net income for the three months ended March 31, 2022, was $133.7 million, slightly up from $129.6 million in 2021[40]. - Total revenue for the three months ended March 31, 2022, was $2,065,693, an increase of 21% compared to $1,707,617 for the same period in 2021[113]. - Net income for the three months ended March 31, 2022, was $133,744, representing a 3% increase from $129,620 in the prior year[113]. - EBITDA for the three months ended March 31, 2022, was $267.2 million, up from $243.1 million in 2021[40]. - Total expenses for Q1 2022 were $1,892.3 million, a 22.7% increase from $1,542.5 million in Q1 2021[59]. Assets and Liabilities - Total advisory and brokerage assets served reached $1.2 trillion as of March 31, 2022, a 21% increase from $958.3 billion at the same date in 2021[32]. - Total advisory and brokerage assets as of March 31, 2022, were $1,163.1 billion, down from $1,206.4 billion as of December 31, 2021[39]. - Total assets decreased to $7,773,331 thousand as of March 31, 2022, down from $7,991,600 thousand as of December 31, 2021, representing a decline of approximately 2.7%[116]. - Total liabilities decreased to $6,038,325 thousand as of March 31, 2022, down from $6,321,067 thousand as of December 31, 2021, indicating a reduction of about 4.5%[116]. - Corporate Cash as of March 31, 2022, was $270,165, up from $236,987 as of December 31, 2021, indicating improved liquidity[93]. - The company's corporate debt and other borrowings, net, were reported at $2,722,396,000 as of March 31, 2022, down from $2,814,044,000 at December 31, 2021, indicating improved leverage management[167]. Advisory and Brokerage Assets - Net new assets for the three months ended March 31, 2022, were $17.6 billion, down from $28.9 billion for the same period in 2021[32]. - Net new advisory assets totaled $17.4 billion for Q1 2022, compared to $22.7 billion in Q1 2021[33]. - Advisory assets were $624.3 billion, representing 54% of total advisory and brokerage assets, up 26% from $496.7 billion in Q1 2021[33]. - Net new brokerage assets were $0.2 billion for Q1 2022, significantly lower than $6.2 billion for the same period in 2021[34]. - Brokerage assets stood at $538.8 billion as of March 31, 2022, a 17% increase from $461.6 billion at the same date in 2021[34]. Revenue Streams - Advisory revenue increased by 45.0% to $1,047.1 million in Q1 2022, compared to $722.0 million in Q1 2021[59]. - Total commission revenue rose to $585.5 million in Q1 2022, up 5.1% from $557.2 million in Q1 2021[66]. - Sales-based commission revenue for Q1 2022 was $240.3 million, a 1.7% increase from $236.3 million in Q1 2021[66]. - Asset-based revenue for the three months ended March 31, 2022, was $296.4 million, up 11.9% from $264.7 million in the prior year[142]. - Service and fee revenue for the three months ended March 31, 2022, totaled $112.8 million, representing a 16.5% increase from $96.8 million in the same period of 2021[144]. Expenses and Costs - Core G&A expenses for Q1 2022 were $280.9 million, compared to $236.3 million in Q1 2021, marking an increase of 18.8%[14]. - The company incurred $87.0 million in promotional expenses during Q1 2022, a significant increase of 60.6% from $54.2 million in Q1 2021[59]. - Compensation and benefits expense increased by $30.5 million in Q1 2022, primarily due to higher salaries and benefits from increased headcount[79]. - Other expense for Q1 2022 rose by $12.5 million compared to 2021, mainly due to costs related to transitional support and licensing fees[88]. Shareholder Returns - The company paid cash dividends of $20.0 million and repurchased shares worth $50.0 million during the three months ended March 31, 2022[36]. - Cash dividends on common stock remained at $0.25 per share, with total dividends paid amounting to $20,013 thousand for the three months ended March 31, 2022[126]. - The Company repurchased 292,163 shares of common stock at a weighted-average price of $171.16, totaling $50.0 million during Q1 2022[202]. Employment and Economic Indicators - The company added 1.7 million jobs in the U.S. economy during the first three months of 2022, with an unemployment rate of 3.6%[55]. - Average number of employees increased by 26.6% to 6,059 in Q1 2022 compared to 4,787 in Q1 2021[79]. Acquisitions - The company acquired the wealth management business of Waddell & Reed Financial, Inc. for $300.0 million on April 30, 2021, to expand its addressable markets[148]. - The company allocated $128.6 million of the acquisition price to goodwill, reflecting expected synergies from combining operations[148].

LPL Financial Holdings Inc. (NASDAQ:LPLA) Q1 2022 Earnings Conference Call April 28, 2022 5:00 PM ET Company Participants Dan Arnold – President and Chief Executive Officer Matt Audette – Chief Financial Officer Conference Call Participants Alex Blostein – Goldman Sachs Bill Katz – Citigroup Brennan Hawken – UBS Steven Chubak – Wolfe Research Michael Cyprys – Morgan Stanley Gerry O’Hara – Jefferies Kyle Voigt – KBW Michael Wong – Truist Securities Operator Good afternoon and thank you for joining the First ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-34963 LPL Financial Holdings Inc. (Exact name of registrant as specified in its charter) Delaware 20-3717839 (State or other jurisdiction of inc ...

| --- | --- | --- | --- | |-------|------------------|-----------------------------|---------------------------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | LPL FINANCIAL HOLDINGS INC. | | | | Q4 | | 2021 EARNINGS KEY METRICS | | | February 3, 2022 | | | | | | | | | | | | | | | | | LPL Financial Member FINRA/SIPC | Notice to Investors: Safe Harbor Statement Statements in this presentation regarding LPL Financial Holdings Inc.'s (together with its subsidiaries, the "Company") futu ...

LPL Financial Holdings Inc. (NASDAQ:LPLA) Q4 2021 Results Conference Call February 3, 2022 5:00 PM ET Company Participants Dan Arnold - President and CEO Matt Audette - CFO Conference Call Participants Alex Blostein - Goldman Sachs Bill Katz - Citigroup Steven Chubak - Wolfe Research Michael Cyprys - Morgan Stanley Kyle Voigt - KBW Gerry O'Hara - Jefferies Brennan Hawken - UBS Michael Young - Truist Securities Operator Good afternoon, and thank you for joining the Fourth Quarter 2021 Earnings Conference Cal ...